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Monthly Archives: June, 2023

How Much Money Would the Debt Ceiling Deal Save? It’s Complicated.

A crucial question for the bipartisan debt-limit deal is deceptively complicated: How much would it actually reduce federal spending?The answer depends on whether you...

FOREX-Dollar retreats as Fed pause eyed; U.S. debt deal clears House

By Rae WeeSINGAPORE, June 1 (Reuters) - The dollar retreated from a two-week top against its major peers on Thursday as investors trimmed bets...

Gold Price Boosted as Treasury Yields Slip Ahead of Debt Ceiling Resolution

Gold, XAU/USD, Treasury Yields, US Dollar, Debt Ceiling, Fed, China PMI - Talking PointsThe gold price has reasserted itself as the US Dollar faces...

McCarthy Emerges From Debt-Limit Fight With Victories, and Some Wounds

When the debt limit fight began, it was widely assumed that Speaker Kevin McCarthy, untested and inexperienced in high-stakes negotiations, would either preside over...

Bitcoin BTC Price Settles Above $27K After Early Wednesday Dip Amid Rate Hike, Inflation Worries

In a Telegram message to CoinDesk, Strahinja Savic, head of data & analytics at crypto-focused, institutional capital markets and advisory platform FRNT Financial, noted...

First Digital Unveils FDUSD Stablecoin as Hong Kong Crypto Rules Kick In

“The launch of this stablecoin represents a major stride forward in our mission to provide a secure and efficient digital currency that can be...

Dollar General worker safety proposal passes at shareholder meeting

Dollar General shareholders passed a resolution Wednesday to create an independent audit into worker safety, as the retailer faces mounting pressure to improve conditions. The...

Velocity of money: definition, formula and uses

The velocity of money refers to the rate at which money circulates through the economy. It’s chiefly determined by how fast transactions occur. For...

Investment bank TD Cowen shuts crypto unit a year after opening

Just over a year after launching its crypto unit, American independent investment bank TD Cowen has announced the shutdown of Cowen Digital, though it...

Trump Was Taped Discussing Sensitive Document He Had After Leaving Office

Federal prosecutors investigating former President Donald J. Trump’s handling of classified material have a recording of Mr. Trump from 2021 discussing a sensitive military...

ICYMI – Italy will set up a EUR1bn sovereign fund

Italian Premier Giorgia Meloni has confirmed the country will set up a €1 billion sovereign fund to channel funding to companies it deems strategic...

Hunter Biden’s Lawyers Cite Landmark Gun Ruling in Bid to Stave Off Charges

To Hunter Biden’s father, the Supreme Court decision last June that expanded Second Amendment rights is a travesty for gun control.But to Hunter Biden’s...

By Rotation fashion startup wants to help you rent out your closet

By Rotation, a U.K.-based clothing rental app, hopes to eliminate the need for fast fashion by making peer-to-peer clothing rental mainstream in the United...

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